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Zielflug [23.3K]
3 years ago
9

What is the difference between a checking account debit card and a gift card?

Business
1 answer:
vekshin13 years ago
6 0
A gift card is something that anyone, of any age, can buy. This card works only at the certain business it is for. Such as a Burger King gift card, you can only use that card at Burger King. A checking account debit card is a card you can use in any situation, as long as they have the proper equipment. This card extracts money from your banking account, whereas the gift card has a set amount of money on it. Also, a checking account debit card is only given to people 18 and over, since signing a check is technically signing a contract, and using a debit card goes along the same lines as signing a check. 
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Aloiza [94]
Answer is C other options are deductibles
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3 years ago
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Telecom Systems can issue debt yielding 5 percent. The company is in a 30 percent bracket. What is its aftertax cost of debt?
Alla [95]

Answer:

after-tax cost odf debt 0.035 = 3.5%

Explanation:

the debt provides a tax shield for companies, as the interest expense, decrease the net income. Interest decrease income and therefore, the tax income associate with the income.

So the cost of debt with taxes is lower, because it lower the income tax expense

<u>the formula will be:</u>

cost of debt ( 1 - tax-rate)

<u>in this case:</u>

0.05 ( 1 - 0.3) = 0.05 x 0.7 = 0.035

3 0
3 years ago
Financing With Stock. Chapman Co. is a privately owned MNC in the U.S. that plans to engage in an initial public offering (IPO)
natima [27]

Answer:

A financial manager of Chapman Co. recommends that it wait until the world stock markets recover before it issues stock.

Explanation:

The reason for this is because if the initial public offering IPO is issued now, it can only be issued at a very low price and as a result the company will not be able to raise much funds as revenue and the consequence of this at the same time is that the valuation of the company will decline.  

Conclusion: The initial public offer should be issued at a time when the world stock markets recover. This reason being that the recovery will improve the pricing of the stock, as well as the valuation of the company in the international market as well.

8 0
2 years ago
Trent is having trouble answering some of the questions the interviewer is asking him. Trent could have prevented this by:
spayn [35]
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3 years ago
Read the scenario and question below; then select the correct answer.
GuDViN [60]

Answer:

B) Comprehensive Resource Management

Explanation:

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It is very important that you plan how to properly plan how to effective allocate your resources.

4 0
2 years ago
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